The XRP Ledger has recorded a sharp jump in on-chain activity, with daily payment volume surging to roughly 1.1–1.2 billion XRP in September. That reading is more than double the 30-day average of 494.6 million XRP, according to network dashboard data. Successful transactions increased 11.2% to 1.5 million, total XRPL transactions rose 23.9% to 2.2 million, and there were 757,400 payments. Active accounts grew 21.5% to 18,700, while transactions per ledger climbed 24.1%. However, active users fell 17.3% to 155,300, suggesting that much of the spike may reflect larger or more frequent transfers by existing participants rather than broad new adoption.
At the same time, CryptoQuant reported that cumulative XRP whale inflows to Binance over the past 30 days reached nearly 1.6 billion XRP, the highest level since March and a six-month high. The inflows had declined steadily from March through mid-year lows in May, June, and July, before recovering from August and accelerating in recent weeks. Although transfers to an exchange can increase available short-term supply, CryptoQuant noted that they do not necessarily signal imminent selling and may be tied to trading, liquidity management, or wallet reallocation.
XRP is trading around $1.32, up 0.82% over 24 hours, after testing support near $1.28–$1.30. Analysts are watching a potential inverse head-and-shoulders pattern; a breakout above the neckline near $1.55 could confirm the setup and target a move toward $2. On the technical side, immediate resistance sits at $1.34–$1.36, while support is concentrated between $1.24 and $1.27. Developers also released xrpld version 3.4.0, introducing two amendments including LendingProtocolV1_1, which extends Single Asset Vaults and the Lending Protocol with closed-ended vaults and cash-basis accounting, while retiring fixAMMOverflowOffer.
